Be Festive … And Frugal!

The holiday season is now full upon us, and you’re likely already feeling a bit spent. But last minute holiday expenses are about as predictable as Santa’s flight plan.

This week’s guide is all about extra savings this holiday season. From last minute gift ideas to holiday decor on the cheap, read on for our top tips.

The Top 7 2013 Gift Ideas

Time’s a tickin’ – there’s only 5 shopping days left until Christmas! Stuck on what to get a certain someone, but not looking to drop a whole lot of dough on a last minute gift? We’ve rounded up the hottest gift ideas this year, for everyone on your list, from the bookworm, to your boss. Don’t hit the mall without it.

Missed out on this week’s top finance news? Catch up on the latest headlines here!

The U.S. Fed Taper Has Started – Now What?

After months of speculation and market fluctuations, the U.S. Federal Reserve announced this week plans to finally “taper” their bond buying program, which contributes $85 billion to the economy monthly. Here’s what that means for interest rates, and how the Canadian cost of borrowing will be affected.

Canadian Debt To Income Ratio Hits New Record At 163.7%

The Canadian household debt to income ratio has hit a new record high at 163.7% – and will only climb higher over the holidays. Here are some ways to keep your spending down during the priciest time of year.

No Expansion For CPP Reform – For Now

Will the Canada Pension Plan be up to the challenge of providing for the next onslaught of retirees? Concerns persist that current CPP isn’t adequate for Canada’s growing baby boomer needs – but proposed expansion for the program stalled this week as finance ministers could not come to an agreement.

RBC Brings e-Transfers To Facebook

Facebook isn’t just for pokes and pics anymore – RBC introduced the ability to send e-transfers through Facebook Messenger. But is it a secure online banking option? Read on to learn more about banking socially – and safely.

5 Ways To Treat Yo-Self… And Actually Save Money!

Plan to buy a little something special for yourself while hitting the mall this holiday? You’re not alone – 67% of shoppers plan to treat themselves this year. But that doesn’t mean you can’t also save money – here are 5 fabulous ways to spoil yourself and be financially responsible, too!

Where Did Canada Post Go Wrong?

The end of door-to-door mail delivery could be a reality for Canadians, as Canada Post announces scaling back their services in urban areas, and price hikes for stamps. What pushed the crown corporation to such measures? Here’s a look at their various financial challenges.